ACO & O
ActiveSummary
ACO & O has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €339,094 and a net result of -€4,322. Equity is growing by ~26.3% per year across the filed fiscal years. Its solvency ranks better than 45% of 16718 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability36▼-38
Solvency83▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.06 in 2024; short-term debt: 41.2% and cash: 44.8% of total assets), and 42.3% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
32 d late
2023
31 d late
2022
20 d early
2021
29 d late
2020
1 d early
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 19 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€339,094▼ 1.3%
2024 · €343,417
Total assets
€587,218▼ 5.9%
2024 · €623,883
Net result
-€4,322
2024 · €26,860
Working capital
€36,331▲ 109%
2024 · €17,375
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€17,713▼ 18.6%€170,993▲ 865%€137,744▼ 19.4%€34,769▼ 74.8%€5,748▼ 83.5%
Net result€10,125below the sector's middle half▼ 33.3%€114,277above the sector's middle half▲ 1,029%€93,044within the sector's middle half▼ 18.6%€26,860within the sector's middle half▼ 71.1%-€4,322below the sector's middle half
Equity€113,269within the sector's middle half▲ 8.1%€225,946within the sector's middle half▲ 99.5%€317,390within the sector's middle half▲ 40.5%€343,417within the sector's middle half▲ 8.2%€339,094within the sector's middle half▼ 1.3%
Total assets€834,628above the sector's middle half▲ 79.3%€856,697above the sector's middle half▲ 2.6%€892,676above the sector's middle half▲ 4.2%€623,883above the sector's middle half▼ 30.1%€587,218within the sector's middle half▼ 5.9%
Debt€721,359▲ 100.0%€630,751▼ 12.6%€575,286▼ 8.8%€280,466▼ 51.2%€248,124▼ 11.5%
Working capital-€338,028▼ 46.2%-€183,460▲ 45.7%-€57,526▲ 68.6%€17,375€36,331▲ 109%
Solvency13.6%below the sector's middle half▼ 8.9pp26.4%below the sector's middle half▲ 12.8pp35.6%below the sector's middle half▲ 9.2pp55.0%within the sector's middle half▲ 19.5pp57.7%within the sector's middle half▲ 2.7pp
Staff (FTE)5▲ 85.2%5=4.9▼ 2.0%
above
within
below
the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 83% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €587,218
Fixed assets
€308,764 ▼ 7.0%
Current assets
€278,454 ▼ 4.6%
Equity and liabilities €587,218
Equity
€339,094 ▼ 1.3%
Debt
€248,124 ▼ 11.5%
Debt's share of the balance-sheet total falls from 45.0% to 42.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€70,021▼
2024 · €95,408
Cash flow
€59,950▼
2024 · €87,499
Current ratio
1.15▲
2024 · 1.06
Debt to equity
0.73▼
2024 · 0.82
ROE
-1.3%▼
2024 · 7.8%
ROA
-0.7%▼
2024 · 4.3%
Debt ≤ 1 year
€242,124▼
2024 · €274,466
Debt > 1 year
€6,000=
2024 · €6,000
Income taxes
€11,187▲
2024 · €8,179
Staff costs
€66,805▼
2024 · €74,927
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,594 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.2%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 8,594 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €2,732 | - | - | - | - | - |
| Remuneration, social security and pensions62 | €65,493 | €72,616 | €83,794 | €74,927 | €66,805 | ▼ 10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €72,246 | €83,030 | €83,310 | €60,639 | €64,273 | ▲ 6.0% |
| Other operating charges640/8 | €2,574 | €2,714 | €4,083 | €9,257 | €6,865 | ▼ 25.8% |
| Non-recurring operating charges66A | - | €261 | - | €21,243 | - | - |
| Gross operating margin9900 | €158,027 | €329,614 | €308,931 | €200,835 | €143,691 | ▼ 28.5% |
| Operating profit (loss)9901 | €17,713 | €170,993 | €137,744 | €34,769 | €5,748 | ▼ 83.5% |
| Financial income75/76B | €132 | €7 | €94 | €275 | €1,117 | ▲ 306% |
| Recurring financial income75 | €132 | €7 | €94 | €275 | €1,117 | ▲ 306% |
| Financial charges65/66B | €2,250 | €2,497 | €1,660 | €4 | - | - |
| Recurring financial charges65 | €2,250 | €2,497 | €1,660 | €4 | - | - |
| Profit (loss) for the period before taxes9903 | €15,596 | €168,502 | €136,178 | €35,039 | €6,865 | ▼ 80.4% |
| Income taxes67/77 | €5,470 | €54,226 | €43,135 | €8,179 | €11,187 | ▲ 36.8% |
| Profit (loss) for the period9904 | €10,125 | €114,277 | €93,044 | €26,860 | -€4,322 | ▼ 116% |
| Profit (loss) for the period to be appropriated9905 | €10,125 | €114,277 | €93,044 | €26,860 | -€4,322 | ▼ 116% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €834,628 | €856,697 | €892,676 | €623,883 | €587,218 | ▼ 5.9% |
| Fixed assets21/28 | €699,434 | €616,404 | €554,422 | €332,041 | €308,764 | ▼ 7.0% |
| Intangible fixed assets21 | €1,569 | €1,196 | €823 | €450 | €77 | ▼ 83.0% |
| Tangible fixed assets22/27 | €697,815 | €615,158 | €553,599 | €331,592 | €308,687 | ▼ 6.9% |
| Land and buildings22 | €100,765 | €89,825 | €78,886 | €67,946 | €57,006 | ▼ 16.1% |
| Plant, machinery and equipment23 | €368,423 | €324,392 | €301,458 | €257,147 | €209,696 | ▼ 18.5% |
| Furniture and vehicles24 | €21,544 | €16,529 | €11,514 | €6,499 | €41,985 | ▲ 546% |
| Leasing and similar rights25 | €207,084 | €184,412 | €161,741 | €0 | - | - |
| Financial fixed assets28 | €50 | €50 | - | - | - | - |
| Current assets29/58 | €135,195 | €240,293 | €338,254 | €291,841 | €278,454 | ▼ 4.6% |
| Amounts receivable within one year40/41 | €21,234 | €26,034 | €81,545 | €9,365 | €11,832 | ▲ 26.3% |
| Trade receivables40 | €10,856 | €8,622 | €2,838 | - | - | - |
| Other amounts receivable41 | €10,378 | €17,413 | €78,707 | €9,365 | €11,832 | ▲ 26.3% |
| Cash at bank and in hand54/58 | €112,830 | €212,903 | €256,218 | €282,476 | €263,305 | ▼ 6.8% |
| Deferred charges and accrued income490/1 | €1,130 | €1,355 | €492 | - | €3,318 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €834,628 | €856,697 | €892,676 | €623,883 | €587,218 | ▼ 5.9% |
| Equity10/15 | €113,269 | €225,946 | €317,390 | €343,417 | €339,094 | ▼ 1.3% |
| Contributions10/11 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Reserves13 | €87,480 | €200,080 | €290,980 | €317,840 | €317,840 | = |
| Non-distributable reserves130/1 | - | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Reserves not available under the articles1311 | - | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Distributable reserves133 | €87,480 | €197,580 | €288,480 | €315,340 | €315,340 | = |
| Profit (loss) carried forward14 | €789 | €866 | €1,410 | €577 | -€3,746 | ▼ 749% |
| Amounts payable17/49 | €721,359 | €630,751 | €575,286 | €280,466 | €248,124 | ▼ 11.5% |
| Amounts payable after more than one year17 | €248,136 | €206,998 | €179,506 | €6,000 | €6,000 | = |
| Financial debts170/4 | €172,136 | €140,498 | €113,006 | - | - | - |
| Other amounts payable178/9 | €76,000 | €66,500 | €66,500 | €6,000 | €6,000 | = |
| Amounts payable within one year42/48 | €473,223 | €423,753 | €395,780 | €274,466 | €242,124 | ▼ 11.8% |
| Current portion of amounts payable after more than one year42 | €28,712 | €31,639 | €27,492 | - | - | - |
| Trade debts44 | €23,581 | €5,660 | €2,464 | €4,632 | €5,399 | ▲ 16.6% |
| Suppliers440/4 | €23,581 | €5,660 | €2,464 | €4,632 | €5,399 | ▲ 16.6% |
| Taxes, remuneration and social security45 | €8,691 | €21,007 | €22,822 | €13,391 | €10,724 | ▼ 19.9% |
| Taxes450/3 | €908 | €12,110 | €12,112 | €8,179 | €8,179 | = |
| Remuneration and social security454/9 | €7,783 | €8,897 | €10,710 | €5,212 | €2,545 | ▼ 51.2% |
| Other amounts payable47/48 | €412,239 | €365,447 | €343,002 | €256,443 | €226,001 | ▼ 11.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,125 | €114,277 | €93,044 | €26,860 | -€4,322 | ▼ 116% |
| + Depreciation and write-downs630 | €72,246 | €83,030 | €83,310 | €60,639 | €64,273 | ▲ 6.0% |
| Operating cash flow (approximation) | €82,371 | €197,307 | €176,354 | €87,499 | €59,950 | ▼ 31.5% |
| Investment in fixed assets (approximation) | - | €0 | -€21,328 | €161,741 | -€40,995 | ▼ 125% |
| Change in cash | - | €100,073 | €43,314 | €26,258 | -€19,171 | ▼ 173% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet -€4,322
Net result drops to -€4,322, the lowest in the series.
01-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 32 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €114,277 ▲1,029%
Operating result €170,993, net result €114,277, both a record.
31-12
Financial
Equity above €200,000Eq €225,946 ▲99.5%
5 profitable years in a row build equity to €225,946.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100,000Eq €104,744 ▲14.9%
3 profitable years in a row build equity to €104,744.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 1 day late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mons · 1 establishment unit since 2004
Ground area
833 m²
Building footprint
101 m²
Volume, LiDAR
967 m³
Parcel 53071B0226/00R002, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ACO & O
since 20042.139.275.711
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53071B0226/00R002 | Wallonia | 833 m² | 1 · 101 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 110 EUR awarded · 110 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 56 EUR | 56 EUR |
| 2023 | 1 | 54 EUR | 54 EUR |
Schemes
Similar companies · same sector, comparable size
Medec Consult
BE 0442.564.973
Sint-Martens-Latem · Eq €339,075
DENTAL-CONCEPT
BE 0460.426.633
Charleroi · Eq €339,129
Orthodontie Dammak
BE 0764.996.537
Sint-Lambrechts-Woluwe · Eq €339,015
TANDARTS NOYEN ELISA
BE 0727.799.116
Bonheiden · Eq €339,199
Estheka
BE 0838.254.895
Diepenbeek · Eq €338,863
Of 6,945 companies in sector 86230 we hold annual accounts for 4,296. 3,651 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded15-09-2004
Fiscal year end31-12
Activities, NACEBEL 2025
18120Other printing
86230Dental practice
96910Personal service activities
47241Retail sale of bread and pastry (bakery outlets)
47252Retail sale of beverages, general range
47400Retail sale of information and communication equipment
62900Other information technology and computer services
78100Employment placement agencies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0867258984
Registered
26-02-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.